The British Government Loses Its Position as the Largest Shareholder of NatWest

The UK government reduced its stake in the London-based credit institution NatWest Group by selling 89 million shares on Thursday. This move resulted in a shift in the bank's largest shareholder.

Previously, the government was the largest shareholder of NatWest, holding an 84% stake following a £45 billion rescue package during the crisis, valued at approximately $58.28 billion. With the latest share sale, the government's stake has decreased to 4.82%. According to London Stock Exchange data, BlackRock Investment Management has now become NatWest's largest investor with a 5.72% stake, indicating a significant change in the ownership structure of NatWest Group.